Subsidies | Microeconomics Videos
12:31
mru.org
Subsidies | Microeconomics Videos
What is a subsidy? A subsidy is really just a negative or reverse tax. Instead of collecting money in the form of a tax, the government gives money to consumers or producers. In this video, we look at the subsidy wedge and the effect of elasticity on who benefits the most from different subsidies.
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Watch how to sign 'subsidy' in American Sign Language.
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Watch how to sign 'subsidy' in American Sign Language.
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